The European Union has decided to delay its retaliation against new US tariffs for 90 days. This move matches US President Donald Trump’s pause on his tariff plans.
European Commission President Ursula von der Leyen said the EU wants to give negotiations a chance. The planned tariffs on 23 billion dollar worth of US goods will be on hold.
However, she warned that if talks fail, the EU will proceed with its countermeasures.